A plan to deal with project risks would be referred to as a?
A) Risk mitigation plan
B) Risk elimination plan
C) Risk reduction plan
D) Risk aversion plan

Question

Quizplus · Accepted Answer

A risk mitigation plan outlines specific strategies and actions to reduce or minimize potential risks before they occur or lessen their impact if they do occur. It is considered the best choice as it is a proactive approach to manage project risks. The other options (B, C, D) are not comprehensive enough to address all potential risks and may not necessarily be effective in preventing, reducing or minimizing risks.

A Plan to Deal with Project Risks Would Be Referred